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They are not buying the buildings alone. They are buying loads of debt as well - and other assets which may or may not be enough to cover the debts.
by kgwgk 4y ago
They are not buying the buildings alone. They are buying loads of debt as well - and other assets which may or may not be enough to cover the debts.
- Ekaros 4y agoAnd unlike SVB, they are actually one of the players in derivative market. And whatever goes on there. And multipliers in there are big compared to their value as company.